Question
Tesla, Inc. had the following transactions in March 2024: Purchased inventory on account for $150,000. Sold goods costing $90,000 for $120,000 on account. Paid $60,000
Tesla, Inc. had the following transactions in March 2024:
- Purchased inventory on account for $150,000.
- Sold goods costing $90,000 for $120,000 on account.
- Paid $60,000 to suppliers.
- Collected $80,000 from customers.
- Paid $30,000 in wages and salaries.
Calculate the net cash provided by operating activities for Tesla, Inc. for March 2024.
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Managerial Accounting The Cornerstone of Business Decision Making
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
7th edition
978-1337116008, 1337116009, 1337115770, 978-1337516150, 1337516155, 978-1337115773
